Pros

• Ultra compact size
• Aesthetics
• Construction quality
• Easy to use and setup
• Good image quality
• Large, easy to read screen and menus
• Included Li-Ion battery, pouch and charger/external PSU
• Video quality and compression is very good
• Useful Info-Lithium battery monitoring

Cons

• Very limiting flash performance
• Lack of manual control over the exposure
• No built-in tripod mount - you have to use the Cybershot station
• No built-in USB port - you have to use the Cybershot station or a card reader
• Auto White Balance is poor indoors
• Lack of Manual WB preset
• Battery life could be better
• Not easy to hand-hold for people with big hands
• Relatively high pricing

Overall Conclusion

This camera surely makes a name for Sony's new line of ultra compacts. It is very easy to control and image quality is very good considering its size and extraordinary lens design.

Aesthetics and construction quality are very good and surely will appeal to photographers wanting a pretty gadget that fits easily in an average pocket and draws attention without sacrificing image quality.

More creative control over the exposure would be a nice addition that would unleash some of the camera's restricted performance. A built-in USB port and tripod mount would also help those who would like to leave the Cyber-Station at home when shooting.

Last but not least, this camera's price is high compared to the competition, but this is justified to some extent by it's image and quality. Yet it remains more expensive than equally well-built cameras with more photographic potential.